Companies

Fidelity Bank’s profit jumps 65.14 % as asset quality improves

by BALA AUGIE

October 25, 2017 | 1:43 am

Fidelity Bank’s third quarter profit have surged 65.14 percent as the Nigeria’s lender’s assets quality improved on the back of an excellent risk management strategy. For the first nine months through September 2017, Fidelity Bank’s net income moved to N14.45 billion from N8.75 billion the previous year. Gross earnings were up 17.89 percent to N130.08…